Lump Sum or Annuity Quiz

Have you received a large amount of money from a settlement, lottery winnings or inheritance?
Take this quiz to help you decide if a lump sum or annuity is right for you.

Should you take a lump sum or annuity? Take our quiz to find out.

Instructions: Select the letter that most accurately answers each question. Please note this the Lump Sum or Annuity quiz should just be a guide – a starting point that helps you think through this important financial decision.

What is your age?

A. 35 or Younger

B. 36 or Older

Approximately how much credit card debt do you currently have?

A. More than $5,000

B. $5,000 or less

Do you have a history of alcohol or drug abuse?

A. Yes

B. No

Have you ever declared bankruptcy?

A. Yes

B. No

Do you have any tax liens?

A. Yes

B. No

Have you ever been convicted of a felony?

A. Yes

B. No

Will you hire a team of advisors?

A. No

B. Yes

Will you follow the advice of your advisors?

A. Maybe

B. Definitely

Do you have any negative feelings about the money you are receiving?

A. Yes

B. No

Do you have a diagnosed psychiatric disorder?

A. Yes

B. No

Do you have a hard time telling people no?

A. Yes

B. No

Do you think your friends/family will pressure you?

A. Yes

B. No

Do you have a hard time managing your finances?

A. Yes

B. No

Prior to your sudden wealth, did you have other investment assets that total more than $50,000?

A. No

B. Yes

Do you own your home?

A. No

B. Yes

What is your credit score?

A. 620 or less

B. Above 620

Do you plan on investing your money with a financial advisor in stocks and bonds?

A. No

B. Yes

Do you want to invest your money in non-traditional investments?

A. Yes

B. No

Do you expect an investment return of more than 10% per year?

A. Yes

B. No

Do you have an interest in investing in a bar, restaurant, or club?

A. Yes

B. No

Will you manage your investments yourself?

A. Yes

B. No

Do you have a college degree?

A. No

B. Yes

Would your friends or family say you have a gambling problem?

A. Yes

B. No

Do you have supportive friends/family?

A. No

B. Yes

Will you agree to limit your decisions in the first several months of receiving your sudden wealth?

A. No

B. Yes

Would you consider your sudden wealth to be a curse or a blessing?

A. Curse

B. Blessing

Will you follow the 12 principles of sudden wealth as documented in the book, The Sudden Wealth Solution?

A. No

B. Yes

Do you think you’ll have trouble taking control?

A. Yes

B. No

Does any part of you worry that you will run out of money?

A. Yes

B. No

Will the sudden wealth boost you by more than one socioeconomic class (e.g., lower class, middle class, upper class, affluent, highly affluent)?

A. Yes

B. No

Was the sudden wealth anticipated?

A. No

B. Yes

Personal Information

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